DOJ Drops Powell Probe, Clears Warsh Confirmation

DOJ Drops Powell Probe, Clears Warsh Confirmation

Author: The Daily News Now! April 24, 2026 Duration: 1:32

The Department of Justice is closing its criminal probe into Federal Reserve Chair Jerome Powell, paving the way for President Trumps pick, Kevin Warsh, to succeed him. The probe, which focused on massive cost overruns on the Feds Washington headquarters renovation, was called off after the DOJ decided to refer the matter to the Feds internal inspector general for a fresh audit. Senator Thom Tillis, who had been blocking Warshs nomination, will now allow the confirmation process to move forward smoothly.

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